| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $447M | $456M | $496M | -1.9% | -10.0% |
| Op. Income | $23M | $24M | $39M | -1.3% | -40.2% |
| Gross Margin | 13.5% | 12.6% | 14.3% | 0.9pp | -0.9pp |
| Net Margin | 4.2% | 4.0% | 6.4% | 0.2pp | -2.1pp |
| EPS (Diluted) | $0.25 | $0.25 | $0.42 | 0.0% | -40.5% |
| Free Cash Flow | $12M | $59M | $4M | -79.0% | 186.4% |
| Item | Amount |
|---|---|
| REVENUE | $447M |
| Cost of Revenue | $387M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $424M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $880.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $4M |
| EBIT | $27M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $447M |
| Cost of Revenue | $387M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $424M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $880.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $4M |
| EBIT | $27M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$803.0K |
| Other Non-Cash Items | $706.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$984.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $72.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $462.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $91M |
| Net Receivables | $341M |
| Inventory | $37M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $516M |
| PP&E (Net) | $29M |
| Goodwill | $51M |
| Intangible Assets | $22M |
| Long-Term Investments | $47M |
| Tax Assets | $28M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $215M |
| TOTAL ASSETS | $731M |
| Account Payables | $54M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $122M |
| TOTAL LIABILITIES | $270M |
| Common Stock | $756.0K |
| Additional Paid-In Capital | $271M |
| Retained Earnings | $195M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $460M |
| Minority Interest | $0 |
| TOTAL EQUITY | $460M |
| TOTAL LIABILITIES & EQUITY | $731M |
| Total Debt | $27M |
| Net Debt | -$501.0K |
